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Benzinga

Politics

Anusuya Lahiri

Read About Tencent's Latest Move At Battling Misinformation

WeChat TCEHY Alibaba JD Tencent Holding Ltd China

Tencent Holding Ltd's (OTC:TCEHY) popular messaging service WeChat will begin revealing users' locations when they post on the platform, Reuters reports.
Recently, a popular social media platform, Weibo Corporation (NASDAQ:WB), introduced the same settings permanently after more than a month of testing.
The new setting aimed to combat misinformation related to recent "domestic and overseas hot-topic issues."
Also Read: Here's Why Alibaba, JD Led Broad Rally In Chinese Tech Equities
WeChat looked to soon begin testing the new setting.
WeChat would display the province or municipality of users posting in China.
The posts from overseas users would display the country denoted by their IP address.
WeChat has over 1.2 billion monthly users.
Price Action: TCEHY shares traded higher by 8.69% at $47.02 on the last check Friday.

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